Using Inventory Periods in Microsoft Dynamics NAV 2013

Inventory Periods are used in Dynamics NAV for a variety of purposes:
• They preclude inventory Value Changes in a Closed Inventory Period
• They are one factor in setting the “Allow Posting Dates” for closed period entries when running Adjust Cost-Item Entries (see my earlier blog, Adjust Cost – Item Entries Program and Prior Period Adjustments in NAV)
• They provide for a diagnostic report when trying to close an inventory period